
Location:
1183 25th Street in the community
of Otay Mesa West in South San Diego County.
Project Description:
There are 312 units -- 268 two-bedrooms
and 44 three-bedrooms. 100% of the units are rented
to families earning 60% or less area median income.
Background and Status:
Purchased in July 2001. Project
renovation of over $4 million included a new recreation
center completed in 2002. A limited partnership
between Wakeland and Related Companies of California.
Wakeland is the managing general partner; Related Companies
is the administrative partner.
Property Management:
Related Management Company
Financing Sources:
Tax-exempt bonds, tax credits, and
a loan from the San Diego Housing Commission.
Resident Services:
Resident services include after-school
programs, computer classes and a variety of sports activities.
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